Elected officials-legal representation.

04LSO-0321.C1

                                                         

FISCAL NOTE (SF0051)

 

The non-administrative fiscal impact is indeterminable.

 

The only non-administrative impact to report might be the potential for an increase in various revenue streams.  Having in-house counsel should shorten the timeframe for negotiating and reviewing various investment type contracts.  This could enable the Treasurer’s Office to engage in investment opportunities at an earlier date which in turn may allow for additional revenues to the state.

 

 

Prepared by:   Sharon Garland, Treasurer’s Office    Phone:   777-7804

 

 

 

 

This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations.

The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

 

Attorney General

State Auditor

State Treasurer

Department of Education